This week the president signed the American Tax Relief Act, which restores Clinton era-tax rates for individuals with incomes above $400,000, extends unemployment insurance for a year, and postpones massive budgets two months, setting up yet another countdown towards yet another induced crisis.
Here, I think are the big lessons from the latest budgetary standoff between the White House and Congressional Republicans:
Chris Hayes on MSNBC has the story right, as he almost always does.
